It’s amazing to me to hear all the naysayers out there when it comes to the ISX. If you haven’t noticed, Iraq IS moving forward in leaps and bounds on a regular basis. Security is consistently stronger, peace is more prevalent, technology is moving forward, and business is growing. Take a look, for example, at the Warka Bank news page. Here are a couple excerpts:
… Baghdad Motor Cars Servicing is issuing 200% paid up shares at the value IQD (1) per share for those shares owned prior to holding their general assembly meeting. You are kindly requested to submit your signed buy requests to purchase the paid up shares…
You know what that is, right? Free shares. Free shares = free money! More:
… Ready Made Clothes has announced that it will be issuing 41.718% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting. Investors are kindly requested to …
Yep, more free money! More:
Dear Warka Investors,
Please note that Palestine Hotel has announced that it will be issuing 47% free shares to its fine shareholders.
Getting the picture yet? Well, here’s one more:
… Mamoura Real Estate has announced that it will be issuing 15% free capital shares…
Pretty amazing, huh? All of those announcements were made within the last three weeks. I was personally the recipient of 2 of them, and I am in the process of buying into a few more stocks.
This is, of course, my personal opinion and I am not a financial advisor.
I’m just a wealthy guy who knows the value of free money. Best regards to you and yours.
Now for the poll question – are you invested in the ISX?
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Good post, but what does this mean for the Iraqi Dinar?
Hello. How can I get into the isx. I have no idea how it all of this things work but this thing with Iraq finances,stocks and dinar got me curious and I dont want to miss out on something good.
I’m not in the ISX, but would like more info on it. Also, I agree with James as what this means for the Dinars.
Look on the right column of this page for a link to ‘How to invest in ISX’
how do you get started . i would like to find out please. thank you
Well I’m not in on the ISX but currently unemployed. Although a little more info never hurts. How about the Dinars?????
yes, i would like to know about the dinars.
What’s happening to the Dinar? There has been terrible violence there recently and must effect how the IMF and future meetings (UN/Bankers etc.) to re-evaluate the Dinar feel….Any current real info?….Thank you….John
very well pleased with the different amounts of positive information total positive activity indicates that dinars could be side by side in agressive movement thanks for the information stewart
Bla! Bla! Bla! that is all i read. I thought I was getting a Dinar update. My current investment is in Dinar. However, if their is something else i should be checking in to, i would be interested. I would appreciate specifics. The information above was very vague and off the point.
New Dinar info?
This source has seen $3.27 in recent contracts signed with the Government of Iraq. The reason the new rate was in the contract is because the Government of Iraq requires this company to train Iraqi’s in the industry so that the Iraqi’s can take over in the out-years…the rate is required because the company needed the information to budget labor costs in consideration for the bid for the contract which was subsequently awarded.
This information confirms that this investment will payoff!!!….Now as to when?
Other information shows that this investment is imminent…tonight or tomorrow at the earliest, maybe just a little longer at most…
Dubai is apparently showing $4+…by the time we see the rate at the banks at our end…$3.48
explain this maybe bs but this is what i found
So what you are saying is that there is a possible RV tonight, tomorrow, or a little longer wiith the RV being in the $3 range?
how do you find your info!! mark??
I don’t want to get to excited like I have in the past but I thought it was interesting, you never know these days. I came from a credible source
I don’t understand the people who ask what this has to do with the dinar….
The ISX (Iraqi Stock Exchange) is traded in Dinar. If the ISX has a boom for ANY reason, then the Dinar will benefit because everyone who does stocks will want in on the game.
Pretty simple, aint it? Sheesh.
Mark, is your mom a credible source? Just wondering.
I thought this site would give more information on Dinars. It seems as though, its more about the Iraqi Stock Exchange.
I would like more info on how to get started trading on the ISX, maybe a web site with a list of companies, and the option to watch the market. however I have read a little on opening an account with a passport, I also read some Where about a legitiment american company that offers accounts. @ this point just wondering is there a safe american financial company for investing in the ISX